A bill to require the Federal Energy Regulatory Commission to extend the time period during which licensees are required to commence construction of certain hydropower projects.
Developers of hydroelectric power projects approved before March 2020 can receive up to six additional years to begin construction. Federal energy regulators can grant these extensions in two-year increments if a company shows good cause for the delay, giving builders up to 14 total years to break ground. Regulators can also revive licenses that expired after 2023, preventing delayed water-power projects from losing their federal authorization.
What this bill touches.
Who it helps · who it burdens.
Who it helps
- Hydropower project licenseesLicensees of hydropower projects licensed before March 13, 2020, can request up to six additional years to begin construction and can have licenses that expired between December 31, 2023, and enactment reinstated retroactively (Sec. 1(b)-(d)).
The provisions, in plain language.
Allows the Federal Energy Regulatory Commission to extend the deadline for starting construction on hydropower projects licensed before March 13, 2020, by up to an additional six years in two-year increments.
Allows the Federal Energy Regulatory Commission to reinstate licenses for eligible hydropower projects whose construction deadlines expired between December 31, 2023, and the bill's enactment date, applying the time extension retroactively.